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Given the Following Supply and Demand Schedules, Equilibrium Will Be

Question 60

Multiple Choice

Given the following supply and demand schedules, equilibrium will be reached when:
Given the following supply and demand schedules, equilibrium will be reached when: A) price = $4. B) price = $6. C) price = $8. D) this market cannot reach equilibrium.


A) price = $4.
B) price = $6.
C) price = $8.
D) this market cannot reach equilibrium.

Correct Answer:

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